+++ Interested parties are welcome to contribute by the 20th of October
+++ The aim of this political measures is to reduce European banks’ exposures to non-core assets
Frankfurt, 16 August.
The Frankfurt-based secondary debt marketplace Debitos welcomes the initiative … Read more >>
Frankfurt, 23 June 2017 –
According to a current market report from EY (https://go.ey.com/2sNWwro), the global audit and transaction advisory firm, at the end of 2016 there were nearly 330 billion euros of non-performing exposures in Italy (€198bn of which … Read more >>
Spain’s largest Bank Santander announced on Wednesday the acquisition of the crisis-ridden Banco Popular Español for a payment of 1 EUR. Banco Popular got into financial distress struggling to reduce its large stocks of non-performing loans of 35 billion euro. … Read more >>
Dawn is breaking over the sun-kissed commonwealth in the northeast Caribbean Sea. After years of partly embittered quarrels with hedge funds, Puerto Rico finally filed for protection from its creditors. This about $74 billion worth declaration of bankruptcy marks … Read more >>
The European Central Bank (ECB) recently published the final version of its guidance to banks on non-performing loans. The final draft “outlines measures, processes and best practices for banks when tackling NPLs” and aims at the implementation of realistic … Read more >>
– Transaction advisors and investment banks can now independently use Debitos’ online infrastructure
– Transaction advisors gain full control of the auction processes
Frankurt, 23 March 2017 –
Debitos has tapped into a lucrative market: the Frankfurt-based FinTech company is … Read more >>
Monte dei Paschi di Siena – a bank with tradition and with meanwhile traditional bad results, liquidity problems and poor performance. The latest figures confirm this rhetorical figure as BMPS reported a net loss of 2.53 billion Euros for the … Read more >>
A trouble shared is a trouble halved, a well-known figure of speech that European Banking Authority (EBA) Chairman Andrea Enria is now planning to adopt to the mountain of bad loans weighing down the balance sheets of the banks in … Read more >>
The event about “transaction and divestment of Non-Performing Loans” was held on 29 of September in “The Squaire – Conference Center” and inspired the participants through innovative ideas and important optimization proposals.
Speakers were Dr. Axel Wieandt (Adviser, Debitos GmbH), … Read more >>
For the latest edition of “Bank und Markt” Timur Peters wrote an article about the current situation of the sector for Non-Performing Loans.
In the article, Mr. Peters writes how the process of divesting a Non-Performing Loan changed in comparison … Read more >>